After more than a decade of monitoring the performance of various neighborhoods in Silicon Vally, I've noticed that, as prices rise, the prices in the high API neighborhoods rise more than the prices in the lower API neighborhoods. I've watched as a $100,000 delta became $150,000, then $200,000, etc.
That being said, I live in a very high scoring Cupertino school district, and we bought for the schools, but don't use them, opting for private for specific reasons. Besides API, you have to know whether the school will fit your childs needs or not. In my case, it didn't. So before you decide to move, do be careful to look beyond the API and look at what the school offers your child. Some folks are very happy with the same school I took my kid out of, so if it works for your child, then go for it. If your child is happy at Stratford, and you have a lower housing cost, that isn't bad either. I know that may be contrary to what a Realtor should be saying, but I believe in honesty. Good luck, and if we can be of any help, our contact website is attached. Best wishes in 2013!
There were 27 homes (3 bed/ 2 bath) sold in Cupertino with Monta Vista High identified as their high school since 7/1/2012. The median price was close to $1,150,000. The average size of the home appears to be smaller than the Sunnyvale homes.
The standard MLS areas do not divide either Cupertino nor Sunnyvale into neighborhoods, so the statistics I regulary post for these cites are only city wide.
Other cities such as Mountain View and Palo Alto provide data which I use to provide neighborhood statistics.
Top 3 agent nationwide at Keller Williams Realty
Over 20 years experience
Over 1000 home sales completed in Santa Clara and San Mateo counties.
If you're referring to single family detached homes, then I'm going to side with my pal, Nina D from Coldwell Banker on this one. The price ranges she quotes are spot on for the area. The only difference, of course, is that these are current or recent prices. Since supply is very low right now, those numbers can change in the coming months.
But, perhaps, your question should be more about desirability, which is reflected in home values. Right now, the best possible combination of schools would be Lincoln, Kennedy and Monte Vista. For Sunnyvale, the most desired location would include West Valley, Cupertino Middle, Homestead High School. Although the second best would be Stocklmeier, Cupertino Middle, Fremont High School on one side of Fremont, and Cherry Chase, Sunnyvale Middle and Homestead on the other side of Fremont Avenue (the second most desired for the same area would be Cumberland, Sunnyvale Middle and Homestead High).
Overall, there tends to be slightly more available housing in Sunnyvale than in Cupertino due to density and demography. Sunnyvale had more homes for sale in the past year than did Cupertino, and, as a result, the prices in Cupertino were a little higher. Also, do keep in mind that there are many people who like Cupertino and Monte Vista and will spend more money to be closer to the hills. Sunnyvale's better school district also suffers from being located fairly close to 85, which many buyers eschew, and that also has a slight downside factor on pricing in the area.
In the end, Zam, there's not real "typical" price difference since different homes in different areas will command or less than surrounding homes or comps. The best things is to work with a great agent and get the best information you can about a home and neighborhood before you buy.
Allison James Estates & Homes
Buyer Rebates, Low Cost Listings
You have received good responses below. A price variance exists based upon the school district, additionally the price is effected by:
Square footage of home
Number of bedrooms and baths
Condition of the home and many more factors.
What you need to decide is:
1. The most important thing in a home for you, is it the schools or not?
2. What is your budget
Once you have these two factors decided, we can help you find a home to fit your needs. Good news is that you have started the exploration process. Once we zero in on your needs in a home, I can assure you that we can help you find one. Please feel free to contact me for further consultation.
Monica Goyal, Realtor
Put it Simply, a Home with 3 Bed/2 bath, can be at 700-900K for Ellis/Sunnyvale Midd Fremont High,
For West Valley, Cup Midd, Homestead High, bet $1.0- 1.3 M dependingon the location and Condition of the Home.....just Sold one at $1.3 - 4bed, 21/2 bath-2200sqft - in 94087......
For Lincoln, Kennedy monta Vista Area $1.2M to $2.2 M or more (3-5Beds - 2-3.5 Bath) depending on the Sqft, Location, Condition, Age of Property etc etc.....
For John Muir, Miller, Lynbrook High.....a Tad lesser than the MV area.....
And the Collins Elem, Hyde & Cupertino High - a Tad lesser than that too!
I live and work in Cupertino, my kids have gone thru the schools, I know the Neighborhoods inside out in Cup and Sunnyvale...........I serve the Silicon Valley/Bay area. If you are NOT working with a Realtor, and would like to sit down and have a detailed conversation, before you move ahead with your home buying needs....let me know, Be well and Safe,
Happy New Year!